Global Soil Conditioners Market Research Growth, Trend and Forecast 2018
Market Overview:
The global Soil Conditioners market was valued at USD 2.27billion in 2016 and is projected to reach USD 3.06billionby 2025, growing at a CAGR of 3.4% from 2017 to 2025.
Soil conditioners are products that are added to the soil to improve the properties of soil. The deteriorating quality of soil and loss of essential nutrients is driving the demand for these products. The rapidly growing agriculture activity in Asia Pacific is expected to boost market demand over the forecast period.
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Market Dynamics:
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Market Drivers
1.1 Advancement in farming practices
1.2 Growing awareness regarding sustainable farming practices
2. Market Restraints
2.1 Low adoption rate
2.2 Added cost to soil management practices
Market Segmentation:
The global Soil Conditioners market is segmented on the type, application, solubility, crop type, soil type, and region.
- By Type:
1.1 Natural
1.1.1 Polysaccharide Derivatives
1.1.2 Others
1.2 Synthetic
1.2.1 Yeast
1.2.2 Enzyme
1.2.3 Bacteria
1.2.4 Others
- By Application:
2.1 Agricultural
2.2 Industrial
3. By Solubility:
3.1 Hydrogels
3.2 Water Solubility
4. By Crop Type:
4.1 Cereals and Grains
4.2 Vegetables and Fruits
4.3 Pulses and Oilseeds
4.4 Others
5. By Soil Type:
5.1 Clay
5.2 Sand
5.3 Silt
5.4 Peat
5.5 Loam
6. By Region:
6.1 North America U.S., Canada, Mexico
6.2 Europe Germany, UK, France, Rest of Europe
6.3 Asia Pacific China, India, Japan, Rest of Asia Pacific
6.4 Latin America Brazil, Argentina, Rest of Latin America
6.5 Middle East & Africa
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The major players in the market are as follows:
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Croda International PLC
2. BASF SE
3. Clariant International AG
4. Syngenta AG
5. Vantage Specialty Chemicals Inc.
6. Novozymes A/S
7. Eastman Chemical Company
8. The DOW Chemical Company
9. Adeka Corporation
10. Evonik
11. Akzo Nobel NV
12. Solvay SA
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology of Planet Market Reports
Research study on the Soil Conditioners market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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